Coordinated, strategic approach needed by insurers, as supervisors step up efforts for consistent oversight of climate risk management.
China's central bank to begin quarterly assessments of 24 major banks on their green finance performance under a new evaluation system.
Five asset managers appointed to manage S$1.8 billion under new mandates focused on climate change and the environment.
G7 leaders are not short of advice, nor lessons from local history.
Central banks warn: 13% of global GDP would be at risk by end of century, even before accounting for severe weather events.
Exercise aims to support more robust management of climate-related financial risks across the sector, says governor.
Transition paths from brown to green assets are largely dependent on public policy, with finance sector playing supporting roles.
FTSE Russell CEO Arne Staal says passive vehicles can – and must – join the race to net-zero if the investment sector...
Lack of awareness of human rights violations in apparel supply chains is no longer an excuse as incoming legislation forces accountability.
Cost of offsetting carbon emissions needs to increase “significantly”, while regulated sector faces “political challenges”.
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